Tag: Estate Planning

Millions of people are affected by dementia, and unfortunately, many of them do not have all their estate planning affairs in order before the symptoms start. If you or a loved one has dementia, it may not be too late to sign a will or other documents, but certain criteria must be met to ensure that the signer is mentally competent.

While joint accounts can be useful in certain circumstances, they can have dire consequences if not used properly.  

There are lots of misconceptions about estate planning, and any one of them can result in costly mistakes. Understanding who...

A trust is a legal arrangement through which one person holds legal title to property for another person.

Most people would benefit from having a trust. That's because it isn't just about how much money you have, it's also about what you want for your family. 

Running a small business can keep you busy, but it should not keep you from creating an estate plan. Not having a plan in place can cause problems for your business and your family after you are gone.  

Your will can be contested if a family member believes you did not have the requisite mental capacity to execute the will.

Being the executor of an estate can be a time-consuming job, depending on the size and complexity of the estate. While a simple estate can take a few months and not require a huge time commitment, if there are problems, the job can drag on for years. 

Whether or not we spend half our lives responding to devices, we all transact a lot of our daily business online.

Limited Liability Companies (LLCs) are an important tool for small business owners, but they can also be useful in estate...